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FBIIX vs. IAGG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBIIX and IAGG is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

FBIIX vs. IAGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Bond Index Fund (FBIIX) and iShares Core International Aggregate Bond ETF (IAGG). The values are adjusted to include any dividend payments, if applicable.

-3.00%-2.00%-1.00%0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
0.05%
3.20%
FBIIX
IAGG

Key characteristics

Sharpe Ratio

FBIIX:

0.92

IAGG:

1.35

Sortino Ratio

FBIIX:

1.21

IAGG:

2.00

Omega Ratio

FBIIX:

1.18

IAGG:

1.23

Calmar Ratio

FBIIX:

0.42

IAGG:

0.76

Martin Ratio

FBIIX:

4.48

IAGG:

6.77

Ulcer Index

FBIIX:

0.67%

IAGG:

0.71%

Daily Std Dev

FBIIX:

3.28%

IAGG:

3.53%

Max Drawdown

FBIIX:

-13.79%

IAGG:

-13.88%

Current Drawdown

FBIIX:

-3.19%

IAGG:

-0.60%

Returns By Period

In the year-to-date period, FBIIX achieves a 3.01% return, which is significantly lower than IAGG's 4.74% return.


FBIIX

YTD

3.01%

1M

-0.53%

6M

2.42%

1Y

3.01%

5Y*

0.23%

10Y*

N/A

IAGG

YTD

4.74%

1M

0.99%

6M

4.14%

1Y

4.70%

5Y*

0.75%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBIIX vs. IAGG - Expense Ratio Comparison

FBIIX has a 0.06% expense ratio, which is lower than IAGG's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


IAGG
iShares Core International Aggregate Bond ETF
Expense ratio chart for IAGG: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
Expense ratio chart for FBIIX: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

FBIIX vs. IAGG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and iShares Core International Aggregate Bond ETF (IAGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for FBIIX, currently valued at 0.92, compared to the broader market-1.000.001.002.003.004.000.921.35
The chart of Sortino ratio for FBIIX, currently valued at 1.21, compared to the broader market-2.000.002.004.006.008.0010.001.212.00
The chart of Omega ratio for FBIIX, currently valued at 1.18, compared to the broader market0.501.001.502.002.503.003.501.181.23
The chart of Calmar ratio for FBIIX, currently valued at 0.42, compared to the broader market0.002.004.006.008.0010.0012.0014.000.420.76
The chart of Martin ratio for FBIIX, currently valued at 4.48, compared to the broader market0.0020.0040.0060.004.486.77
FBIIX
IAGG

The current FBIIX Sharpe Ratio is 0.92, which is lower than the IAGG Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of FBIIX and IAGG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.92
1.35
FBIIX
IAGG

Dividends

FBIIX vs. IAGG - Dividend Comparison

FBIIX's dividend yield for the trailing twelve months is around 1.86%, less than IAGG's 4.27% yield.


TTM202320222021202020192018201720162015
FBIIX
Fidelity International Bond Index Fund
1.86%2.85%1.02%0.62%0.74%0.09%0.00%0.00%0.00%0.00%
IAGG
iShares Core International Aggregate Bond ETF
4.27%3.55%2.28%1.16%1.95%2.82%3.02%1.74%1.56%0.13%

Drawdowns

FBIIX vs. IAGG - Drawdown Comparison

The maximum FBIIX drawdown since its inception was -13.79%, roughly equal to the maximum IAGG drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for FBIIX and IAGG. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.19%
-0.60%
FBIIX
IAGG

Volatility

FBIIX vs. IAGG - Volatility Comparison

Fidelity International Bond Index Fund (FBIIX) has a higher volatility of 1.93% compared to iShares Core International Aggregate Bond ETF (IAGG) at 0.96%. This indicates that FBIIX's price experiences larger fluctuations and is considered to be riskier than IAGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.93%
0.96%
FBIIX
IAGG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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